The Unspoken Truth about Miles vs Cashback Credit Card

Опубликовано: 25 Июль 2024
на канале: Chris @HoneyMoneySG
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In this video, we dive into the ongoing debate between Airmiles and Cashback, inspired by the recent SingSaver campaign. I also had the privilege to share the stage with experts at the Seedly Personal Finance Festival (PFF) 2024 at Marina Bay Sands, focusing on miles.

Background Context:

2021: Our first miles video had super low impressions due to COVID, while cashback content got much more views.
2022: Travel lanes opened up, and miles content started gaining traction.
2023: With most countries open, miles content performed significantly better.
The Reality:
Different stages of life mean different rewards:

Living day-to-day? Focus on financial security and budget travel.
Got enough to get by? Economy flights with top airlines.
More than enough? Premium travel with miles.
Remember, your credit card should suit your lifestyle, not the other way around. Be a team mercenary and maximize your rewards. Curious about examples and strategies? Tune in to find out!

If you're already financially secure, earning a good income, and have good savings, it's time to:

Compare miles vs cashback.
Understand your own value of a mile.
Let's discuss this competition in detail!

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